Thu Jul 31 03:24:55 UTC 2025: Okay, here’s a news article based on the provided information, summarized and rewritten:
**Trade Tensions Simmer as Trump’s Tariff Deadline Looms**
**New Delhi, August 1, 2025 (The Hindu)** – With U.S. President Donald Trump’s August 1st tariff deadline rapidly approaching, global markets remain on edge. While some progress has been made in reaching preliminary trade agreements since the previous deadline on July 9th, significant uncertainty persists in ongoing trade negotiations with numerous countries.
Back in April, the Trump administration announced widespread import taxes on goods entering the U.S. from almost every nation. This included increased “reciprocal rates” for select countries, the implementation of which has been delayed twice.
The initial 90-day postponement was seemingly intended to ease global market anxieties and allow for bilateral negotiations. At one point, the Trump administration ambitiously aimed to secure 90 trade deals within 90 days.
The situation is being closely watched from India, with analysts assessing the economic and strategic impact of the potential tariffs.
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